currency forecast for 5 july 2013

currency forecast for 5 july 2013

mcx-sx usd inr forecasts

usdinr jul expiry future last closed at 60.44 with loss of 17 paise.in intraday mcxsx dollar rupee pair made high at 60.75 while low was 60.15.total 60 paise intraday range and as expected some correction.here below 60.8 we may correction to continue and expect level upto 60 and even below.

mcx-sx eur inr forecasts

eurinr jul expiry future last closed at 78.51 flat.here in intraday mcxsx euro rupee future made high at 78.8 while low was at 78.08.total 72 paise intraday range and closed flat.here below 79 hold short view for tomorrow with stoploss and expect target near 78 and below.

mcx-sx gbp inr forecasts

gbpinr jul expiry future last closed at 91.18 with loss of 1.21 rupee.in intraday mcxsx pound rupee future made high at 92.47 while low was 90.95.total 1.52 rupee intraday range and future tumbled as pound slumped against dollar.here we may see downside rally upto 89.5 tomorrow.

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About Pramod Baviskar

Professional F&O, commodity and currency Market Trader and Adviser Working since 2007. Creator of Trade-master™,Option-master™ and Signal-Pro™ (Professional Trading system for Amibroker software) . Follow Me on : Facebook-Twitter-Google-YouTube-Pinterest